MIAMI—Another transit-oriented development is set to rise on South Florida. This one is called FATcity, which stands for Florida Arts and Technology.

Traina Companies unanimously received the final zoning approval necessary from Fort Lauderdale's City Commissioners for its 1,351,160 square feet of mixed-use new construction. The project is located at 300 North Andrews Avenue.

“South Florida, and more specifically, Fort Lauderdale, represents a great opportunity for lifestyle and economic development,” Joseph Traina, Jr., principal of Traina Companies, tells GlobeSt.com. “We believe that Fort Lauderdale provides far more immediate benefit and upside than other surrounding markets and more long-term value than even that of San Francisco and New York City, due in part to the expanse of transit, a growing populous, emphasis on job creation and educational development in the region. We anticipate this project being the first of many for us in the area.”